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Title: Benford's Law Part 1 - How to Spot Tax Fraud
Url: http://www.intuitor.com/statistics/Benford's%20Law.html
Publisher: Intuitor
Description: Created by Intuitor.com, this page explores Benford's Law: "For naturally occurring data, the digits 1 through 9 do not have equal probability of being the first significant digit in a number; the digit 1 has greater odds of being the first significant digit than the others." This law can be used to catch tax fraud because truly random numbers used by embezzlers do not meet this condition. This is an interesting look at a less than well known statistical method. It becomes more interesting because the authors apply it to this specific use.
LC Classification: Law -- United States -- United States (General) -- Public finance -- National revenue -- Particular sources of revenue -- Taxation -- Particular taxes -- Income tax
Law -- United States -- United States (General) -- Torts (Extracontractual liability) -- Particular torts -- Deceit. Fraud
Science -- Mathematics -- Mathematical statistics -- Study and teaching. Research
Science -- Mathematics -- Probabilities -- Study and teaching. Research
GEM Subject: Social studies -- United States government
Mathematics -- Statistics
Mathematics -- Probability
Social studies -- Criminology
Key Concept: Mathematics -- Probability
Mathematics -- Statistics
Date Issued: 2001
Resource Type: Reference Material
Instructional Material
Instructional Material -- Lesson/Lesson Plan
Instructional Material -- Instructor Guide/Manual
Format: Document -- HTML
Audience: Educator
Learner
Education Level: Higher Education
Higher Education -- Undergraduate (Lower Division)
Higher Education -- Undergraduate (Upper Division)
Higher Education -- Technical Education (Upper Division)
Higher Education -- Technical Education (Lower Division)
Vocational/Professional Development Education
Language: English
Rights: Intuitor.com
Access Rights: Free access
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Source: CAUSEweb
Full Record Views: 20
Resource URL Clicks: 10
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